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Entrepreneur Dragos Irimescu Buys Stone Processing Factory In Baicoi
Romanian businessman Dragos Irimescu, shareholder in metallic tile manufacturer Depaco, has bought a stone processing factory in Baicoi from producer Mesta Marmura si Travertin SRL. The acqu...
Dedeman Owners Buy Office Space Project The Bridge; Transaction Valued At EUR200M
Brothers Dragos and Adrian Paval, owners of local do-it-yourself (DIY) retail chain Dedeman, with an annual turnover of over EUR1 billion, on Wednesday signed an agreement to buy office spac...
Austria’s Plastics Packaging Giant ALPLA Buys Argo Rom Plastics
Austria’s plastics packaging giant ALPLA, a world leader in the development and production of plastic packaging solutions, boasting a turnover of over EUR3.4 billion worldwide, has bought Gr...
Continental Buys Former Industrial Platform In Timisoara For Expansion
Continental Automotive Products, the company which manufactures the Continental tires in Timisoara (western Romania), has bought the former industrial platform UMT in Timisoara in order to o...
EBRD To Announce Purchase Of 19% Stake In Piraeus Bank Romania
The European Bank for Reconstruction and Development (EBRD), one of the largest institutional investors in Romania, is to announce the acquisition of a stake in Piraues Bank Romania, as part...
TBI Bank, Fly Go Team Up For Online Financing Product For Purchase Of Vacations In Installments
TBI Bank and travel agency Fly Go have jointly launched an online financing product for the purchase of tourist products and services. The new payment method can be accessed directly on the...
Sodexo To Buy Remaining 40% Of Benefit Seven Shares
Sodexo, one of the largest players on the Romanian vouchers market, will entirely acquire Romanian company Benefit Seven (7card) after becoming a majority shareholder in the latter in 2017....
Credit Card Purchases Up 20% In Romania In 2017
Romanians are using the credit cards for shopping more often, which drove the transactions and the number of credit cards up at a double-digit rate in 2017.
HAGAG Development Buys Former Petrom HQ In Bucharest, Readies EUR50M Investments In 2018
Israeli real estate developer HAGAG Development Europe has bought this year two properties in downtown Bucharest, on Victoriei 109 (former Petrom headquarters) and Victoriei 139, as well as...